E to E Transportation IPO Details
The key details of E to E Transportation Infrastructure’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹84.22 Cr |
| Price Range | ₹164 - ₹174 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1,600 |
| Investment (cut-off price) | ₹2,78,400 |
| Pre IPO Promotor Holding | 45.19% |
| Post IPO Promotor Holding | 32.51% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
E to E Transportation IPO Timelines
The IPO process for E to E Transportation Infrastructure includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
26/12/2025
Start Date30/12/2025
End Date01/01/2026
Refund Initiation01/01/2026
Credit of Shares to Demat Ac02/01/2026
Listing DateE to E Transportation IPO Lot Size
The E to E Transportation Infrastructure IPO has a fixed lot size of 800 shares, at an upper price band of ₹174 per share. For retail investors, the minimum and maximum application is 1,600 shares (2 lots) amounting to ₹2,78,400. For Small HNI (S-HNI) investors, the minimum application is 2,400 shares (3 lots) worth ₹4,17,600, while the maximum is 5,600 shares (7 lots) amounting to ₹9,74,400. Big HNI (B-HNI) investors need to apply for at least 6,400 shares (8 lots), totaling ₹11,13,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 1600 | ₹2,78,400 |
| Retail Maximum | 2 | 1600 | ₹2,78,400 |
| S-HNI Minimum | 3 | 2400 | ₹4,17,600 |
| S-HNI Maximum | 7 | 5600 | ₹9,74,400 |
| B-HNI Minimum | 8 | 6400 | ₹11,13,600 |
E to E Transportation IPO Subscription Status
The subscription status for E to E Transportation Infrastructure IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 236.30x | 872.09x | 544.28x | -- | 526.56x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
E to E Transportation IPO Company Financials
E to E Transportation Infrastructure reports robust performance in FY2025 with Total Income of ₹253.82 crores, managing expenses at ₹235.33 crores, and achieving a strong PAT (Profit After Tax) of ₹13.99 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹135.70 | ₹125.13 | ₹8.15 |
| FY 2024 | ₹172.50 | ₹158.41 | ₹10.26 |
| FY 2025 | ₹253.82 | ₹235.33 | ₹13.99 |
| FY 2026 (6 M) | ₹112.78 | ₹122.95 | -₹7.49 |
About Company
Incorporated in 2010, E To E Transportation Infrastructure Limited is an ISO 9001:2015 certified company providing system integration and engineering solutions for the railway sector. The company operates across mainline railways, urban transit systems, and private sidings, delivering end to end services covering design, procurement, installation, testing, and commissioning. Its service portfolio includes signaling and telecommunications, overhead electrification, track projects and system integration, private sidings, and activities through its Engineering Design and Research Centre.
The company has developed strong expertise in signaling and telecommunication systems, track electrification, and turnkey railway infrastructure projects involving civil and track works. It has executed projects for Indian Railways zonal units, public sector undertakings, corporate clients with private sidings, and infrastructure developers in India and select international markets. Key projects include CBTC signaling for Hyderabad and Nagpur Metro, modernization works for Vizag Steel Plant and NUPPL Power Plant, electronic interlocking upgrades on the Hosur Salem section, siding expansion at Gujarat Pipavav Port with DFCC connectivity, and platform screen door installations for Mumbai Metro Line 3 and Chennai Metro Phase 1. As of September 30, 2025, the order book comprised 50 ongoing contracts valued at Rs 40110.37 lakhs, and as of November 30, 2025, the company employed 353 full time personnel.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Railway | Sourajit Mukherjee |
Know Before Investing
E to E Transportation IPO Strengths
- E to E Transportation Infrastructure specialises in signalling & telecommunication (S&T), overhead equipment (OHE), and track works for Indian Railways, positioning it well in a high-barrier, government-backed sector.
- Benefits from India’s sustained railway capex under Amrit Bharat, Dedicated Freight Corridors, and electrification programmes, creating multi-year project visibility.
- Ongoing electrification, safety upgrades, and capacity expansion create sustained demand for S&T, OHE, and track specialists.
- The company reported revenue growth with ROE of 15.72%, ROCE of 15.69%, EBITDA margin of 10.59%, and PAT margin of 5.73%, indicating solid operational performance for infrastructure services.
E to E Transportation IPO Risks
- Infrastructure contracts involve site complexities, approvals, weather, and coordination challenges; delays can lead to penalties, cash flow strain, and margin erosion.
- Heavy depends on public sector contracts exposes revenue to tender delays, budget reallocations, policy changes, or payment delays from railways/authorities.
- Faces bidding competition from larger EPC contractors and established rail specialists, potentially pressuring win rates and pricing discipline.
- Operations likely focused around key rail corridors; localised disruptions or shifts in project allocations could impact order pipeline.
- Rail capex remains sensitive to fiscal consolidation, election cycles, or economic slowdowns that could defer project awards.
Swot Analysis for E to E Transportation IPO
Strengths
Integrated Railway EPC Expertise, Three Business Segments, Established Track Record
Weaknesses
Government Contract Dependence, Geographic Concentration, Execution & Manpower Risks
Opportunities
Railway Capex Acceleration, Private Rail Infrastructure, International Railway Projects
Threats
Tender Competition, Execution & Penalty Risks, Labour & Skill Shortages
Company Details
E to E Transportation Infrastructure Ltd.
10th Floor, Sattva Galleria, Survey, Nos. 19/2 and 20/1, Bellary Road, Byatarayanapura, Bangalore North, Bangalore Urban, Karnataka, 560092
Email: srilakshmi.surendran@etoerail.com
Website: https://etoerail.com/
IPO Registar Details
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: etoetransportation.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
FAQs
The key objectives of E to E Transportation SME IPO are:
- To meet working capital requirements
- General Corporate Purpose
Hem Securities Ltd. is the book-running lead managers for the E to E Transportation IPO.
E to E Transportation IPO offers strong growth potential supported by a ₹439.64 crore order book, nearly two times FY25 revenue, and exposure to high margin rail signaling and electrification projects. Sustained railway capex, metro expansion, and repeat government contracts provide multi year revenue visibility.
The issue price for the E to E Transportation IPO is set between ₹164 to ₹174 per share.
To invest in two lot of E to E Transportation IPO, you need ₹2,62,400 at the lower price band (₹164 per share) or ₹2,78,400 at the upper price band (₹174 per share) for a lot size of 1600 shares.
E to E Transportation IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on January 2, 2025.
Refund/unblocking of funds for E to E Transportation IPO will begin on January 1, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your E to E Transportation IPO shares on listing day (January 2, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.